It can be a major inconvenience when a favorite product is out of stock at a store, especially when it happens on a regular basis. For small retail store owners across the informal and fragmented retail markets in Africa, however, running out of product stock...
Business-to-business (B2B) wholesale eCommerce has been gaining traction in recent years, with the emergence of a growing number of online marketplaces that are helping retailers save time and resources when buying goods in bulk. In the Middle East and North Africa (MENA) region, market fragmentation...
Global supply chain solutions company AIT Worldwide Logistics recently relocated its Cincinnati-area transportation logistics team to a larger location to accommodate the company’s growth, according to a company press release Monday (March 14). “This new facility enhances our ability to serve customers more efficiently,” said...
Electric vehicle manufacturer Rivian Automotive says that if it weren’t for the global supply chain constraints, it could be producing 50,000 vehicles in 2022. Instead, due to those challenges, it expects to produce 25,000 vehicles this year. Production is being limited by a shortage of...
The Federal Trade Commission (FTC) will extend the deadline to submit comments as part of its inquiry into supply chain disruptions, a press release says. The FTC said in November that it planned to take comments on how supply chain issues have affected competition in...
Two years into the pandemic and the supply chain issues it has caused, businesses of all sizes are weary of the added complexity around maintaining stock, experiencing shortages and dealing with price increases. “We hear people talk about the global pandemic, the ‘Where is my...
It seems as if world wars have caused less disruption to domestic freight and trucking than this endless pandemic, but the entire sector is decades past due for a systems overhaul, anyway. Like so many industries blindsided by the global health crisis, the highway freight...
As the pandemic winds on into its third year, waves of new virus variants continue to wreak havoc with supply chains. Firms responsible for taking goods through each step on the journey from manufacturing to customers’ doorsteps find themselves short-staffed as new restrictions take shape...
Blue Apron continues to incur losses while making moves toward long-term profitability. Blue Apron announced Thursday (Feb. 10) a 7% year-over-year revenue decrease in the fourth quarter of 2021 and a $26.4 million net loss, nearly three times its $10 million Q4 2020 losses. Amid...
